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The ratio of people who's nerves are hit because crypto can change the power structure, to those who're interested in it because it has the potential to turn a
by IkmoIkmo 8y ago
The ratio of people who's nerves are hit because crypto can change the power structure, to those who're interested in it because it has the potential to turn a young person's $10k creditcard borrowings into $1m, is probably pretty close to 1:100.
I mean, name the 10 biggest use cases. Bitcoin is 10 years old, it is a household name, it's been in every newspaper, every developer in the world has heard of it, it captured orders of magnitude more angel and venture investment than say a google or facebook did. It should have some genuine users who are using it not because it's a volatile asset class with an average annual return of >10x.
It's virtually impossible to find any usergroup of significance anymore. Outside of course the asset class, which so far hasn't changed the power structure so much as it has made a few techies and rich people (paper) rich.